https://www.taxtmi.com/caselaws?id=111582 An exemption notification covering animal-drawn vehicle wheels and axles was construed strictly, so hubs were not treated as eligible by implication as they are distinct from the specified goods. The exemption was therefore denied. Where the assessee's declarations described the goods as eligible for exemption, but the evidence showed they were intended for tractor trolleys rather than animal-drawn vehicles, the misdescription was treated as suppression of material facts. On that basis, the extended period of limitation and penalty were held invocable, although the penalty was reduced in amount. en-us Fri, 16 Apr 2004 00:00:00 +0530 Tue, 24 Apr 2012 12:01:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111582 An exemption notification covering animal-drawn vehicle wheels and axles was construed strictly, so hubs were not treated as eligible by implication as they are distinct from the specified goods. The exemption was therefore denied. Where the assessee's declarations described the goods as eligible for exemption, but the evidence showed they were intended for tractor trolleys rather than animal-drawn vehicles, the misdescription was treated as suppression of material facts. On that basis, the extended period of limitation and penalty were held invocable, although the penalty was reduced in amount. Case-Laws Central Excise Fri, 16 Apr 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111582